HomeBuy Registration - Existing Homeowners
16/09/2010
New eligibility rules have been announced by the Homes and Communities Agency (HCA) for existing homeowners.
As a result all current home owners who wish to be considered for HomeBuy options are now required to have a 'Priority Housing Need' approved by their current Local Authority BEFORE they register with the local HomeBuy Agent for the area they wish to live in.
The priority housing need will be assessed in accordance with the Housing Act 1996.
Existing homeowners are also reminded that if they are approved for purchase through a HomeBuy scheme that their is a usual requirement to sell the current property before completion on any new property.
